Showing 1 - 10 of 33
Luxury condos experience growth as Bangkok demand surges
Business, Kanana Katharangsiporn, Published on 04/11/2025
» Despite the global economic slowdown, Bangkok's ultra-luxury condo market continues to grow, fuelled by sustained demand from Thailand's wealthy elite and foreign investors, according to property consultancy Colliers Thailand.
Swire to debut Upper House hotel in Bangkok
Business, Kanana Katharangsiporn, Published on 18/10/2025
» Hong Kong-based conglomerate Swire Pacific plans to open its first Upper House hotel in Bangkok, marking the brand's debut in Thailand, alongside its first branded residence project worth 30-40 billion baht on Wireless Road.
Property Perfect chops presales, revenue outlook
Kanana Katharangsiporn, Published on 27/11/2024
» SET-listed developer Property Perfect halved its 2024 presales target to 8.2 billion baht and cut its revenue projection by 20% to 8.8 billion baht, marking the second revision this year, as it plans to sell riverside hotel Royal Orchid Sheraton for 6 billion baht next year.
MTL co-invests in senior living developer, service provider
Business, Kanana Katharangsiporn, Published on 13/11/2024
» Muang Thai Life Assurance Plc (MTL) has co-invested in Naya Residence and LivWell Living, a developer and service provider of senior living properties, to expand its portfolio and capitalise on Thailand's transition into a super-aged society.
Raimon preps trio of deluxe projects
Business, Kanana Katharangsiporn, Published on 05/04/2024
» SET-listed developer Raimon Land plans to launch three new luxury low-rise housing projects worth a combined 16 billion baht, while selling the One City Centre office building to generate revenue more quickly, aiming to turn a profit next year.
Property Perfect plans cautious strategy
Business, Kanana Katharangsiporn, Published on 28/02/2024
» SET-listed developer Property Perfect is taking a more cautious approach this year, focusing on debt reduction and launching fewer new projects because of stricter funding rules for both supply and demand.
UHG expects 10% revenue hike this year
Business, Kanana Katharangsiporn, Published on 05/01/2024
» Commercial property developer UHG expects revenue growth of 10% to 2.2 billion baht in 2024, with Chinese tourist arrivals potentially returning in the third quarter of the year.
Standard readies new residential projects
Business, Kanana Katharangsiporn, Published on 29/06/2023
» Hotel chain Standard International plans to launch two branded residential projects in Phuket and Hua Hin, while also opening five new hotels with 600 rooms across four destinations in Thailand during 2023-26 to capitalise on robust demand.
UHG forecasts revenue to increase by 40% this year
Business, Kanana Katharangsiporn, Published on 28/02/2023
» Hotel and office developer UHG is forecasting a 40% increase in revenue this year, banking on robust demand from foreign tourists and the Mice (meetings, incentives, conventions, and exhibitions) sector in Bangkok.
AWC unveils remaking of riverside
Business, Kanana Katharangsiporn, Published on 16/02/2023
» Developer Asset World Corp Plc (AWC) plans to build new riverfront projects near its flagship Asiatique open-air mall, starting with an investment of 800 million baht to refocus the riverside complex as an entertainment hub.